Finance Videos

Feb 7, 2013 | 01:52

Don’t let reward points die with you – Money clip

What happens to all the airline miles, hotel points and credit card rewards after you die? You'll need to jump through a few hoops to pass them on to your next of kin, reports Reuters’ Chelsea Emery. But the effort is worth it. (February 7, 2012)

TRANSCRIPT +

It's seems as -- every store and every website has a membership rewards program in fact. On average each of us has that eighteen -- overall but what happens to all of those heart and points. When he -- Leaving someone your stamp collection area model train collection or even your house is at least four. But what about all those membership points first of if you decide to leave your points to someone lawyers advised not put it -- well. Instead like a special documents being attached to you -- Account numbers we want this points to go to and then attach it rather than including if you -- the beneficiary of these awards. Here are some things and now you're leaving after. And the -- testament. Not to let it proves that you or someone else is executives. To. You're going to need all the -- numbers person who has passed away you're going to need that person's address. And phone number and email associated with that account. If you don't have everything don't worry as much as he possibly can't airlines. Have the most lenient policy when it comes to transferring at this point one of the most difficult programs to transfer points. Our hotels programs. Mary it's very strict they will only -- points to be transparent if you're a spouse -- domestic partner. If you're neither one of those points just go -- credit cards can be a little more tricky. American Express rewards points. Can be transferred and you might have to contend with a couple of knows from American Express before you get to some yeses. If you first hear and know asked to speak to a manager. But enough time you can do it. And it's --

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